APPROVAL OF DECREASE IN RATES

Sec. 104.111. APPROVAL OF DECREASE IN RATES. Notwithstanding any other provision in this subtitle, the regulatory authority may, without reference to the cost of service standard prescribed by Section 104.051 , administratively approve a decrease in rates proposed by the applicant and agreed on by each party directly affected unless the regulatory authority determines that the proposed decrease is not in the public interest. Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.